Yearly net loss for Imperial Pacific narrows to US$11 million Kim M Latest Casino and Gambling NewsHong KongNorthern Mariana IslandsFinancial Press ReleasesSaipan March 17, 2016 0On Monday, Hong Kong-listed gaming investor Imperial Pacific International Holdings Ltd (HKG: 1076) reported a net loss of HKD84.37 million...
Tired of losing money, Swiss casinos want lottery and sports betting options Kim M Latest Casino and Gambling NewsGaming Law & LegislationOnline gambling regulationSwitzerland March 17, 2016 0Switzerland’s casinos say they haven’t been profitable since 2007 and to help stop the continued loss, want to add sports...
Little Creek Casino Resort partners with IGT for casino management systems Sadonna Price Latest Casino and Gambling NewsTechnologyMergers, Acquisitions & PartnershipsWashington March 16, 2016 0It was announced on Monday that the Little Creek Casino Resort of Washington has partnered with International Game Technology for...
Suspected cheating at Marina Bay Sands; four arrested Kim M Latest Casino and Gambling NewsCasino CheatingSingapore March 16, 2016 0According to a press statement released by police, four people suspected of attempting to cheat patrons at the Marina Bay...
Cyprus casino bidders named; Bloomberry, Hard Rock/Melco, NagaCorp Lars Jones Latest Casino and Gambling NewsCyprusLicenses March 15, 2016 0As expected, officials in Nicosia today announced the final three contenders for a single casino license in Cyprus. The preferred...
Increase of 41 percent in revenue in 2015 reported by Entertainment Gaming Asia Inc. Kim M Latest Casino and Gambling NewsEconomy/FinanceAsian Casino News March 14, 2016 0A 41 percent increase in consolidated revenue has been reported by Pan-Asia focused Entertainment Gaming Asia Inc. for the 2015...
World’s most expensive hotel likely to open without casino; The 13 Lars Jones Latest Casino and Gambling NewsCasino project updatesMacau March 14, 2016 0Although Stephen Hung has already poured more than a billion dollars into The 13, his all-suite hotel on the Coloane/Cotai...
Loopholes in anti-money laundering law will be plugged; Philippine Senate vows Kim M Latest Casino and Gambling NewsGaming Law & LegislationMoney LaunderingPhilippines March 13, 2016 1The Senate Blue Ribbon committee will attempt to fix loopholes in the Anti-Money Laundering Act (AMLA) on Tuesday when is...
Committee vote brings Brazil closer to online gambling regulation Kim M Latest Casino and Gambling NewsGaming Law & LegislationOnline gambling regulationBrazil March 13, 2016 1Another step has been taken by Brazil towards launching a regulated online gambling market, after proposed comprehensive gambling legislation was...
Digital ad launched by Mohegans & Mashantucket Pequots to promote third casino Kim M Latest Casino and Gambling NewsTribal GamingConnecticut March 12, 2016 0In the midst of the battle over the state’s third casino, the operators of Foxwoods and Mohegan Sun launched a...
Cyprus parliament gives green light for first casino license Alex Lanter Latest Casino and Gambling NewsGaming Law & LegislationWorld Casino NewsCyprusEuropean Casino NewsLicenses March 11, 2016 0As it was expected, the House of Representatives gave thumbs up for the first Cyprus casino license on March 10,...
Taiwan’s Penghu island to hold referendum to seek approval for casino gaming Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationTaiwanChinaLicenses March 10, 2016 0Taiwan’s small island chain consisting of Penghu, Matsu and Kinmen have been pushing hard for a number of years to...
China online retailer Alibaba makes big gambling moves in lottery and poker Lars Jones ChinaLotteryMergers, Acquisitions & PartnershipsFantasy eSports March 8, 2016 0Alibaba Group Holding Ltd. and affiliates are reported to be investing HK$2.39 billion ($308 million) to gain about 59% control of AGTech Holdings Ltd....
Horseshoe Casino Cleveland alone in decline of February revenue: casino, racino reports Kim M Latest Casino and Gambling NewsEconomy/FinanceOhio March 8, 2016 1According to the Ohio Casino Control Commission, in February, the Horseshoe Casino Cleveland brought in $18.3 million in revenue, a...
Las Vegas returns; Palms could be third casino to list for sale with rebound Lars Jones Latest Casino and Gambling NewsLas VegasEconomy/Finance March 7, 2016 1Investment bank Macquarie Group Ltd. has been retained to explore a possible sale of the Palms Casino Resort in Las Vegas,...